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KONE, a global leader in the elevator and escalator industry, is proud to celebrate a significant milestone with the achievement of the Platinum Green Labelin Indonesia, the highest rating awarded by Green Product Council Indonesia (GPCI). This recognition highlights the growing role of smart people flow solutions in supporting Indonesia's journey towards more sustainable urban development.
The global residential elevators market is projected to grow from USD 51.8 billion in 2026 to USD 58.6 billion by 2031, at a 2.5% CAGR. Growth is driven by aging populations, demand for home accessibility, energy-efficient buildings, smart cities, and infrastructure investment. Machine-room-less elevators, maintenance and repair services, and North America are expected to be the second-largest segments. The report profiles leading companies, including Otis, Schindler, KONE, Hitachi, Hyundai Elev
Kone Oyj (KNYJY) delivered earnings and revenue surprises of -15.63% and +0.21%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
KONE Oyj (KNYJF) reports robust modernization growth and strategic advancements despite inflationary challenges and market pressures.
EDISON, N.J., June 22, 2026--Albireo Energy, a leading independent building controls and energy services provider and a Huron Capital portfolio company, today announced that Kevin Baxter has been appointed CEO, a leadership transition that reinforces the company’s momentum and affirms Huron Capital’s confidence in Albireo Energy’s long-term strategy. Larry G. Wash, who has served as both co-Chairman and CEO, will continue as co-Chairman.
(Adds analyst comment and updates shares.) Montage Gold (MAU.TO) was last seen up 9.5% after the
Montage Gold Corp. (MAU.TO), which jumped 11.8% last Friday, reported earlier Monday that it has con
The Indonesia elevator and escalator market is projected to expand at a CAGR of 3.09% from 2025 to 2031, driven by the burgeoning construction sector and strategic government projects. Key growth factors include urbanization, aging demographics, and AI integration, with major urban rail projects fueling demand for vertical transportation systems. Challenges such as high upfront costs and currency volatility persist. Leading players like KONE, Otis, and Schindler dominate the market, reflecting a
The Thailand elevator and escalator market is set to expand at a CAGR of 3.20% from 2025 to 2031, driven by urbanization and construction growth. Increased demand for elevators and escalators stems from the booming commercial infrastructure in key economic zones. Despite favorable conditions, the market faces pricing and structural challenges. Key players like Otis, KONE, and Mitsubishi dominate the landscape, while new Chinese manufacturers gain traction. Recent digital advancements by companie
The Philippines elevator and escalator market is projected to grow at a CAGR of 4.11% from 2025 to 2031, driven by technological advancements and sustainable construction practices. Enhanced safety measures, real-time monitoring, and AI-driven maintenance are reshaping efficiency. Growing infrastructure investments and urbanization fuel market demand. With regulatory support, energy-efficient technologies are prioritized, aligning with green building initiatives. However, skilled labor shortages
Nokia CorporationStock Exchange Release13.05.2026 at 09:00 EEST Nokia appoints Emma Falck as President of Mobile Infrastructure and member of the Group Leadership Team Espoo, Finland – Nokia today announced the appointment of Emma Falck as President of Mobile Infrastructure and member of the Nokia Group Leadership Team, effective 1 September 2026. Falck brings extensive experience leading transformation and improving performance in complex global technology businesses. She joins Nokia from Sieme
The country’s early-2000s construction boom saw millions of buildings go up; and Beijing is offering financial support for an elevator upgrade program.
If you are wondering whether KONE Oyj at €54.46 is a bargain or fully priced, it helps to step back and look at the numbers that actually drive value. The share price has seen mixed returns, with a 4.6% decline over the last week and a 1.7% decline over the last month, while the 1 year return is 3.0% and the 3 year return is 15.8% compared with a 5 year return of a 1.8% decline. Recent news around KONE often focuses on its role in the global elevators and escalators market and how investors...
KONE Oyj (KNYJF) reports robust Q1 performance with nearly 7% sales growth and outlines strategic synergies from its merger with TKE.
The cash-and-stock transaction would create the world's largest elevator maker, surpassing Otis and Schindler
Finnish lift maker Kone nearly doubles its size in what the Finnish media described as the largest corporate acquisition ever carried out in Finland.View on euronews
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